Tech Company Financing Transactions
Threadflip Funding Round
Threadflip closed a $13 million Series B financing round on 7/21/2014. Backers included Norwest Venture Partners, Baseline Ventures and First Round Capital.
Transaction Overview
Company Name
Announced On
7/21/2014
Transaction Type
Venture Equity
Amount
$13,000,000
Round
Series B
Investors
Norwest Venture Partners (Lead Investor)
Shasta Ventures (Tod Francis)
Proceeds Purpose
Threadflip will use the cash to hire at least 20 more merchandising and operations people to help deal with the demand of its popular white glove service offering known as the Concierge Full Service. Company CEO Singh also disclosed that the company has been talking about expanding to other verticals beyond just women's clothing.
Company Information
Company Status
Acquired or Merged
Industry
Internet & IoT
Mailing Address
188 King St. 605
San Francisco, CA 94107
USA
San Francisco, CA 94107
USA
Phone
Undisclosed
Website
Email Address
Overview
The company operates an online social marketplace for clothing.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Manik Singh
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We record tech company VC transactions. VC transactions on this site are sourced from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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